Rational decision making requires that

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 9RQ: Explain why individuals make Choices that are directly on the budget constraint, rather than inside...
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38. Rational decision making requires that
A.
One's choices be arrived at logically
and without errors
B. O One's choices be consistent with one's
goals
C. O One's choices never vary
D. O One makes choices that do not involve
trade offs
Transcribed Image Text:38. Rational decision making requires that A. One's choices be arrived at logically and without errors B. O One's choices be consistent with one's goals C. O One's choices never vary D. O One makes choices that do not involve trade offs
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